Empowering Canadian businesses by providing experienced accountants to deliver excellence in the following services
Delegate
Accounting
Focus
On Strategy
Grow
Seamlessly
Our Vision
To be the preferred offshore partner, empowering global businesses with exceptional talent, innovative solutions, and unmatched professionalism, driving sustainable growth and excellence in the professional industry.
Our Mission
To deliver world-class professional services by nurturing and deploying over 250 highly skilled and experienced staff globally within the next five years, ensuring quality, innovation, and efficiency that drive success for our clients and partners.
How Vimalam Advisory Can Support You?
Whether you need end-to-end management of your financial operations or require skilled
global accountants to enhance your current team, Vimalam Advisory is here to provide tailored
solutions that meet your unique business needs.
Bookkeeping
- Recording daily financial transactions.
- Managing general ledger and sub-ledger accounts.
- Bank and credit card reconciliation.
- Tracking expenses and income streams.
- Preparing trial balances and error corrections.
Accounting
- Preparing financial statements (balance sheet, income statement, cash flow).
- Conducting month-end and year-end closing.
- Budgeting and forecasting assistance.
- Reviewing compliance with Canadian accounting standards.
- Managing accruals and depreciation schedules.
Tax Preparation
- Preparing GST/HST returns.
- Filing corporate tax returns (T2).
- Supporting personal tax preparation for business owners.
- Ensuring compliance with CRA guidelines.
- Offering tax planning and advisory services.
Payroll Management
- Processing payroll and T4 slips.
- Calculating employee deductions (CPP, EI, taxes).
- Managing direct deposits and payroll schedules.
- Ensuring compliance with Canadian labor laws.
- Assisting with Record of Employment (ROE) forms.
Management Reporting
- Generating monthly or quarterly financial reports.
- Highlighting key performance indicators (KPIs).
- Cash flow and profitability analysis.
- Budgeting and forecasting insights.
- Customizing reports to meet management needs.
Accounts Payable Management
- Recording and processing vendor invoices.
- Scheduling and processing payments to suppliers.
- Reconciling vendor statements.
- Managing payment terms and early payment discounts.
- Ensuring accurate tracking of liabilities.
Accounts Receivables Management
- Generating and sending customer invoices.
- Monitoring accounts receivable aging.
- Sending payment reminders to customers.
- Applying received payments to accounts.
- Reducing outstanding balances efficiently.
Financial Reporting
- Generating monthly, quarterly, and annual financial reports.
- Customizing reports for business insights (e.g., sales, margins).
- Preparing KPI dashboards for management.
- Providing cash flow and profitability analysis.
- Assisting in audit-ready financial statement preparation.
Virtual CFO Services
- Strategic financial guidance and planning.
- Overseeing cash flow and budgeting.
- Analyzing business performance metrics.
- Advising on financial risks and opportunities.
- Representing the business in investor or lender meetings.
Audit Support Services
- Organizing financial records for audits.
- Addressing auditor queries promptly.
- Assisting in compliance with Canadian audit requirements.
- Reviewing internal controls and processes.
- Ensuring accurate financial disclosures.
Business incorporation Assistance
- Advising on suitable legal structures (corporation, partnership, etc.).
- Registering the business with relevant Canadian authorities.
- Assisting with CRA account setup (GST/HST, payroll, corporate tax).
- Preparing incorporation documents and filings.
- Offering ongoing compliance and reporting support.
Compliance and Regulatory Reporting
- Filing GST/HST, T4, and T2 returns.
- Managing WSIB/WCB compliance for employees.
- Ensuring adherence to Canadian GAAP standards.
- Providing updates on changes in tax laws and regulations.
- Assisting with industry-specific reporting requirements.
The 5Cs of Excellence
What Sets Us Apart?
Clarity
Ensuring transparent communication and understanding needs.
Competence
Delivering services with expert knowledge and precision.
Consistency
Maintaining high-quality standards in every engagement.
Collaboration
Partnering with you to achieve shared
goals.
Commitment
Dedicated to your success with a client-first mindset.
Path to Excellence
Seamless Start, Stronger Partnership
1.
Connect with Client
2.
Understand Client Need
3.
Clarify Expectations
4.
Trial
Services
5.
Feedback & Approval
6.
Collaborate Effectively
7. Collect Required Information
8. Set Up Communication Channels
9.
Assign the Right Team
10.
Launch
the Project
Our Roadmap to Your Success
Job Description
Target Date Setting
Data Exchange
Task Execution
Internal Review & Queries
Client Review & Feedback
Final Adjustment & Manager Review
Job Completion & Delivery
Software Expertise
Testimonials
Hear From Our Satisfied Clients
Vimalam Advisory has provided exceptional accounting and bookkeeping services
tailored to Canadian standards. Their attention to detail is truly commendable.
Managing compliance and regulatory requirements felt overwhelming until we
partnered with Vimalam Advisory. Their expertise has been a tremendous relief..
With Vimalam Advisory handling our financial reporting and payroll, we’ve been able
to focus on growing our business confidently. Their service is invaluable.
Their business incorporation assistance was seamless, and their ongoing support with
tax preparation and bookkeeping ensures we stay on track.
Vimalam Advisory is a partner we trust. Their expertise in handling accounts
receivable, payables, and virtual CFO services is top-notch and reliable.
Vimalam Advisory Pricing Models
We provide outsourcing solutions tailored to Australian businesses. Choose from our flexible and client-centric pricing models designed to suit your unique needs.
Adaptive Pay-As-You-Go Model
Pay Only for the Work We Deliver
Task-Based
Billing
Charges are based solely on the tasks completed, making it cost-efficient and transparent.
Flexible
Payment Options
Choose weekly or monthly billing cycles for added convenience.
Detailed
Reporting
Receive comprehensive task reports with a breakdown of productive hours worked.
Scalable
Support
Ideal for businesses with dynamic or project-specific requirements.
Best Suited For:
Startups and small businesses with fluctuating workloads.
Organizations seeking short-term, cost-effective solutions without long-term commitments.
Exclusive Resource Allocation Model
Your Own Team, Fully Committed to Your Success
Dedicated
Resources
Skilled professionals exclusively focused on your project.
Regular
Progress Updates
Receive daily or weekly timesheets to track output and productivity.
Predictable
Pricing
Fixed rates for consistent budgeting and planning.
Custom
Engagements
Tailored solutions to meet the specific needs and timelines of your business.
Best Suited For:
Businesses with high volumes of work requiring consistent and reliable output.
Companies prioritizing quick turnaround times and long-term resource stability.
Partnership Revenue-Sharing Model
Collaborate for Mutual Growth
Profit-Aligned
Payment
A predetermined revenue-sharing agreement ensures fair compensation for efforts.
Upfront
Clarity
Payment terms are finalized at the start, ensuring complete transparency.
Simplified
Operations
No timesheets or hourly tracking—focus entirely on project outcomes.
Growth-Oriented
Approach
Suitable for businesses of all sizes, from startups to large enterprises, with a focus on scalability.
Best Suited For:
Companies seeking innovative, risk-sharing partnerships.
Businesses looking to align operational success with mutual rewards.